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Standard Bank posts 4% rise in half-year profit
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GUEST – Sim Tshabalala – Standard Bank Group CEO
Africa’s largest financial services provider, Standard Bank reported a resilient half-year performance amid a challenging credit market in SA. The group’s headline earnings rose 17% in constant currency, driven by solid growth in Corporate and Investment Banking, Insurance and Asset Management as well as Personal and Private Banking.
Africa’s largest financial services provider, Standard Bank reported a resilient half-year performance amid a challenging credit market in SA. The group’s headline earnings rose 17% in constant currency, driven by solid growth in Corporate and Investment Banking, Insurance and Asset Management as well as Personal and Private Banking.